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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Argentine Peso/Euro (FOREX:ARSEUR)

Countertrend Down (-85) - ARSEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid ARSEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for ARSEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_ARSEUR
Open High Low ARSEUR Price Change
0.00254796 0.00255053 0.00254694 0.00254810 0.00000000
Entry Signal

MarketClub’s Trade Triangles for ARSEUR

long term down The long-term trend has been DOWN since Dec 29th, 2021 at 0.00857902

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.00268524

short term up The short-term trend has been UP since Dec 1st, 2023 at 0.00254978

Smart Scan Analysis for ARSEUR

Based on our trend formula, ARSEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for ARSEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00254796 0.00255053 0.00254694 0.00254810 0.00000000
Prev. Close Volume Bid Ask Time
0.00254796 2023-12-08 03:22:36
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